Kingsbury is known for creating and releasing the monthly Chicago Business Barometer, also known as the Chicago Purchasing Managers’ Index (Chicago PMI).

The transaction is expected to further enhance Deutsche Borse’ market data & analytics segment by expanding its global product offering.

Deutsche Borse Group managing director, market data & analytics Holger Wohlenberg said with this transaction, the exchange will be able to offer its customers direct access to an important US data source.

The Institute for Supply Management’s Chicago affiliate, ISM-Chicago, is a purchasing and supply organization that partners with Kingsbury in developing the Chicago Business Barometer.

Deutsche Borse Market Data & Analytics collects, refines and disseminates capital market-relevant data. The product range includes price data, trading statistics, analyses, master data and approximately 3,400 indices that document the activities of the international financial markets.